1998 SMALL BUSINESS OF
THE YEAR
by Campbell WoodWinning in
Communications
WYNCOM founders Larry and Bunny Holman have found success in teaching others how to
succeed in the business world
WYNCOM, the Lexington-based company that promotes success
in the business world, is itself soaring to greater heights of success. For the second
consecutive year WYNCOM has been in the top 50 on the Inc. 500 list of the
fastest-growing privately-held companies in the nation.
At the head of the company are co-chairs Larry and Bunny
Holman. "We've got three major values at WYNCOM," says Larry Holman. "Heart
and soul in the workplace, world class customer service, and equality of the sexes."
Larry and Bunny are equal partners in power and status within the company. "Bunny and
I are proud that we model that equality," Larry adds.
The Holmans have also received one of the highest
compliments that can be paid in the world of big business. In his new book, The Circle of
Innovation, best-selling business writer Tom Peters wrote of the Holmans, "...I trust
them...literally...with my life." WYNCOM handles all of Peters' 40 or so public
seminars in the U.S. each year.
"Years ago," wrote Peters, "WYNCOM founders
Larry and Bunny Holman came up with what turned out to be a fabulous idea: Fade into the
background and cosponsor seminars with college and university executive education
programs. Nobody has succeeded in copying Larry and Bunny! They're simply the best."
Fortune magazine has also developed a good deal of
confidence in WYNCOM. The first Worldwide Lessons in Leadership Series, which originated
from Lexington in 1996 and was tele-beamed via satellites to over 300 sites around the
globe, was cosponsored by Fortune just within the U.S. market. For the 1997 Series and the
upcoming 1998 Series, Fortune expanded to worldwide sponsorship. For these and other
events, WYNCOM presents an impressive roster of authors/speakers whose ideas are at the
forefront of innovative thinking in the business world: Tom Peters, Stephen R. Covey, Ken
Blanchard, Kenichi Ohmae, Peter Senge, Rosabeth Moss Kanter, and Gary Hamel. The 1997
Series also included Peter Drucker, known as the father of management theory for his
ground-breaking studies of corporate management in the 1940s.
Since the Holmans began running WYNCOM together in the
early '90s, their personalities have shaped their roles in the company.
Larry brought to the company a working knowledge of
telecommunications coupled with years of teaching and administrative experience in the
University of Kentucky system. He is the visionary and navigator who charts the course
into the future with ideas and inspirations that also translate into marketing concepts.
From her years as director of continuing education at
Transylvania University, Bunny has an understanding of the intricate day-to-day needs of
universities and colleges. She works at keeping relations running smoothly with the
140-plus colleges and universities that partner with WYNCOM. She ensures that all
customers, course participants and host institutions are well served.
The work has both of them frequently in the air and on the
road. In 1997, WYNCOM arranged for 152 in-person programs and two large teleconference
events, one national in scope and the other international.
A crucial member of the WYNCOM team is Jerry Miller,
president and CEO, who manages the day-to-day operations of the business. The company has
about 130 full-time employees, and will employ as many as 100 temporaries for special
projects. Corporate offices are located at Dudley Square in downtown Lexington; buildings
on Upper Street and Pine Street support creative services and research and development.
The facility that houses printing, product fulfillment, programs registration, database,
warehousing, and distribution is doubling in size to 44,000 square feet with its move to
Palumbo Drive. WYNCOM also has branch offices in Silverdale, Pennsylvania and Wilmington,
North Carolina.
WYNCOM shows no signs of slowing down: It appears that
revenues for 1997 will exceed $58 million. "We very much consider ourselves a growth
company," says Greg Ray, chief financial officer for WYNCOM. Acquisitions are
imminent, and Ray says that they will significantly add to the company's growth.
"We're looking at growth for 1998 to be at 30-plus percent."
Larry Holman says that the new acquisitions will expand
operations into video and audio recording studios. "Publishing also looks like a
growth area for us," he adds. "We are talking about state-of-the-art training
materials in the field of leadership and management. WYNCOM is headed for major
diversification. Whatever makes sense will be pursued."
Campbell Wood is a staff writer for The Lane
Report.
WYNCOM Bids Farewell to "Chief Rhino"
Arthur Light, executive vice president at WYNCOM, who
headed up the collections department at WYNCOM for the last four years, is leaving the
company. "He has been WYNCOM's senior statesman and chief rhino," says Larry
Holman. "Every morning for ten years he has gotten up early, polished his horns, and
charged massively in the pursuit of excellence on WYNCOM's behalf. He has been a diligent
worker and a good friend." The rhinoceros has become WYNCOM's mascot, and Holman
credits Light with that.
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